Some cities and states have “Breed-Specific Legislation” which makes it legal to exclude certain species or breeds of animals.

I think this is on a list to be clarified in the 2023 legislative session.

Therefore, I'm uncertain if my past experience will aid me in finding a suitable real estate agent for investment purposes.

.: This law firm has been serving Waco and Central Texas since 1925.For a DEEPER DIVE, go to the States Legislative Register and find out who proposed the law changes.

So this legislative language needed clarity.The SJC rules that the investor would need to install sprinklers if the rehab was "so substantial that the physical structure is rendered ‘the equivalent of new construction’ i.e., in essence as good as new.”In short, there is still a lot of unknown.

With ever changing legislation around STRs and events like COVID where hosts lost thousands of dollars in reservations overnight, I want my properties to cash flow or at least break even as a LTR.However, if you want a place in Alaska to visit a couple times a year and don't care about the revenue as much as having the flexibility to visit and already have a place, STR can be a huge win.TLDR - Skeptical of Airdna predicted revenue.

Recognize Local rules: Become knowledgeable about landlord-tenant legislation, local rules, and any particular requirements pertaining to real estate transactions in the desired market.

I'm contemplating making updates to the property but am uncertain about the return on investment (ROI) I would receive.

It's always a good idea to keep thorough records and be prepared to support any changes made to your tax return.If you're uncertain about how to proceed or have concerns, consider consulting with a tax professional for personalized advice based on your specific situation.

They put out a ton of good educational content and there are quite a few articles around recent legislation making private lending in CA more tenuous both on the origination side as well as on the servicing/foreclosure side.